Displaying items by tag: Anna Rawlings

New Zealand's competition regulator the Commerce Commission has warned businesses that agreements they reach with their competitors can result in imprisonment, as it undertakes its latest Scene of a Crime education campaign.

New Zealand regulator The Commerce Commission has filed proceedings at the High Court in Auckland against Callplus Services Limited, Orcon Limited and Switch Utilities Limited – all subsidiaries of the Australian fibre and network solution provider Vocus Group - over allegations of failing to adequately disclose early termination fees of between $130 and $250 when entering uninvited direct sale agreements with consumers for broadband and power services between 17 June 2014 and 20 June 2020.  

New Zealand’s competition enforcement agency The Commerce Commission has laid down its expectations of the country’s fuel businesses ahead of a new regulatory regime taking effect in August.

New Zealand’s competition enforcement agency The Commerce Commission has issued a warning to power company Genesis Energy about billing errors concerning electricity line charges to business customers. 

New Zealand’s competition enforcement agency, The Commerce Commission, has issued a revised cartel leniency and immunity policy and revised template leniency agreement.

New Zealand’s competition enforcement agency has got tougher on the country’s cartels, with cartel conduct - including price fixing, market allocation and bid rigging - now punishable with a term of imprisonment of up to 7 years.

New Zealand’s competition enforcement agency, The Commerce Commission is seeking feedback on draft guidance for directors and senior managers of mobile traders and consumer credit providers on how to comply with the due diligence duty.

New Zealand online lender Moola has agreed a settlement with the country’s competition regulator the Commerce Commission requiring it to credit or refund approximately $2.8 million to current and former borrowers, after acknowledging the Commission’s view that it charged unreasonable credit and default fees.

New Zealand’s competition enforcement agency The Commerce Commission has been inundated with a significant increase in consumer complaints about retailers selling online in recent weeks, prompting the regulator to issue a reminder to retailers of their obligations when they sell products online.

COVID 19: New Zealand’s competition regulator the Commerce Commission has issued guidance for consumers and businesses to assist them in understanding what their rights and obligations are in relation to disruptions to travel, trading and events as a result of the coronavirus pandemic.

New Zealand’s competition regulator The Commerce Commission has fined holiday rental management and accommodation company Bachcare $117,000 for misleading consumers by altering and withholding publication of online reviews posted by users of its accommodation services.

New Zealand telecommunications retail service providers generated the highest number of complaints under the Fair Trading Act to the country’s competition regulator, The Commerce Commission.

New Zealand’s competition regulator The Commerce Commission is working with police and taking a range of actions following the theft of computer equipment belonging to an external provider.

New Zealand’s consumer watchdog has announced the Westpac Bank has agreed to refund 93,000 customers overcharged $7 million for services.

New Zealand’s largest telco Spark has been hit with a fine of NZ$675,000 for making false or misleading representations in its customer invoicing, and when making a NZ$100 credit offer to new customers.

New Zealand’s competition regulator, The Commerce Commission, has released new product safety videos with the hard-hitting message “don’t toy with the life of a child”.

The New Zealand Commerce Commission, the country's business watchdog, has warned Australian firm Amaysim Operations, which trades as Buy Mobile, over unsubstantiated claims about discounts on the prices of some mobile phones.